The Globe and Mail reports in its Friday, May 23, edition that Lightspeed Commerce posted a net loss of $575.9-million in its fiscal fourth quarter due to a goodwill writedown from its declining stock price (all figures U.S.). The Globe's Sean Silcoff writes that while the year-end results and forecast met expectations, they likely will not attract investors back. Chief executive officer Dax Dasilva says, "This is a transitional quarter for us, so I understand if the market wants to better understand and see execution." Its quarterly adjusted operating profit of $12.9-million was slightly below expectations, though the total for its 2025 fiscal year was $53.7-million, ahead of its twice-increased forecasts and up from $1.3-million a year earlier. A $556.4-million non-cash goodwill writedown was triggered by Lightspeed's weak share price, which left the carrying value of net assets higher than its market capitalization at the end of the quarter. Analysts are focused on Lightspeed's long-term outlook after Mr. Dasilva returned to lead the company he founded 20 years ago, cut costs, refocused on North American retail and European hospitality, and increased efforts to drive customer growth for higher software revenues.